Exemptive Order Regarding Compliance with Certain Swap Regulations (CFTC Notice of Proposed Exemptive Order and Request for Comment)
The CFTC is proposing to grant, pursuant to section 4(c) of the Commodity Exchange Act (CEA), temporary exemptive relief in order to allow non-U.S. swap dealers and non-U.S. major swap participants to delay compliance with certain entity-level requirements of the CEA (and CFTC regulations promulgated thereunder), subject to specified conditions.
Comments Due: August 13, 2012
View exemptive order in full here (links externally to GPO website).